OSFI is currently considering whether to increase the limit on covered bonds, which have become an important source of funding for the big banks’ uninsured mortgages
Canada’s banks remain vulnerable to various factors, but are positioned adequately from a capital perspective, Fitch reports
Rating impacts will depend on how banks respond to their different regulatory environments
The proposed rules will improve the accuracy of measuring banks’ exposures and lead to better decision making
Last month the bank announced plans to sell its banking operations in nine Caribbean countries
Reforms would limit banks’ exposures to a single counterparty, or closely connected groups of firms
Global banks may be engaging in transactions designed to dress up their leverage disclosures
Senate banking committee report makes recommendations following hearings
Banks should be setting aside capital so that they can weather a deterioration in economic conditions
Revised Pillar 3 framework aims to promote discipline on bank management by bolstering disclosure to investors